Mon, Aug 29, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

KB director urges new hedge funds to offer unique alpha proposition

Tuesday, April 30, 2013

amb
Phillip Chapple
By Beverly Chandler, Opalesque London:

Life is busy for Phillip Chapple, Executive Director with KB Associates UK who has already seen 59 potential hedge fund launches so far this year, even though he deems only eight are viable as new businesses.

KB Associates is a boutique operational consulting firm with offices in the Cayman, Dublin, London, Luxembourg and New York advising managers on operational and compliance issues relevant to the establishment and ongoing management of offshore investment funds.

Chapple arrived in 2010 to build KB’s London business. The firm has its roots in the Dublin fund sector, acting as a one stop shop for funds wishing to launch in Ireland. However, the business model changed about five years ago when hedge fund managers based in London started to ask for support. "We decided to become more jurisdictional neutral" Chapple says. "I started up a different service helping start up hedge fund managers to build their whole infrastructure with investor requirements in mind, driven by the fact that a lot of prime brokerage teams had been slimmed back but investor expectations had gone up."

The new business, preparation for due diligence, covers whatever it takes to make potential investors in new hedge funds comfortable. "It’s a new area mainly driven by the fact that the industry has changed aggressively post Madoff and Lehman." Historically......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Strategies - The 'Holy Grail' hedge fund strategy to handle a black swan the size of World War I, Hedge funds get more pushback on terms as enthusiasm for strategy wanes[more]

    The 'Holy Grail' hedge fund strategy to handle a black swan the size of World War I From IBTImes.co.uk: To illustrate a strategic gap common to today's portfolio managers, George Sokoloff, PhD, founder and CIO at Carmot Capital, proposes an interesting thought experiment – a breakdown of

  2. Institutional investors - Investors set to increase allocation to private debt, With investment income key, Richmond retirement system faces funding challenges[more]

    Investors set to increase allocation to private debt Investors are set to increase their allocation to private debt, with 60% revealing they believe the private debt market will grow over the next 12 months, according to a new study by Elian, a leading funds services provider. 41%

  3. Investing - Hedge funds snap up banks, unload Apple, Some of hedge funds' favorite stocks are finally starting to beat the market, Einhorn's Greenlight shifts positions, Treasury yield climbs to two-month high as Fischer joins hawks, 9 stocks smart investors put their money in last quarter[more]

    Hedge funds snap up banks, unload Apple From Barrons.com: Prominent hedge funds have a newfound love of big banks, and some have a distaste for shares of Apple, regulatory filings released last week show. The filings suggest that the funds have been pivoting their portfolios in recent mon

  4. Chesapeake energy seeks $1 billion loan to refinance debt[more]

    From Bloomberg.com: Chesapeake Energy Corp. is seeking a $1 billion loan as the company battered by cratering fuel prices and credit downgrades takes a step to address its $9 billion debt load. The natural gas producer hired Goldman Sachs Group Inc., Citigroup Inc. and Mitsubishi UFJ Financial Group

  5. Institutions - Nordic pension funds magnify focus on unlisted and direct investing, building up teams[more]

    From IPE.com: As bond yields remain at low or negative levels, pension funds and other institutional investors in the Nordic region are stepping up efforts to find higher returns by adding more unlisted investments to portfolios and are expanding in-house teams in order to do this, according to new